The Nasdaq-100 rose 1.14% to 28,500 after Democrats won control of both chambers of Congress, but major AI and technology stocks moved in opposite directions. Microsoft jumped 6.01% to $552.32 and Alphabet rose 4.63% to $292.99, while Nvidia fell 2.19% to $202.17, Tesla dropped 3.61% to $384.10 and Intel lost 5.80% to $57.04. Investors weighed possible tougher AI regulation, particularly scrutiny of AI data centers in states such as Texas and Georgia, against expectations that a divided government could limit major policy changes. Bitcoin rebounded to around $80,512, up 4.12% on the day. Trump Media plunged 14.29% to $5.10, having already lost about 55% of its value year-to-date before Tuesday's vote.
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tech stocksartificial intelligenceMSFTNVDATSLA
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Related tickers and likely impact
MSFT
▲ Likely positiveMicrosoft
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 11/03/2026 | 520.77 |
| Change that session | +2.69% |
NVDA
▼ Likely negativeNvidia
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/03/2026 | 206.57 |
| Change that session | +2.23% |
TSLA
▼ Likely negativeTesla, Inc.
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/03/2026 | 398.22 |
| Change that session | -1.39% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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